Where can I find information about certain relationships and related transactions, and director independence for Benihana?

According to Benihana's 2024 Franchise Disclosure Document, information regarding certain relationships and related transactions, as well as director independence, is incorporated by reference from the Company's Proxy Statement for the 2022 Annual Meeting of Stockholders. This means that instead of providing this information directly in the FDD, Benihana refers you to another document, specifically the 2022 proxy statement, for these details.

For a prospective franchisee, this means you'll need to obtain and review Benihana's 2022 Proxy Statement to understand any potential conflicts of interest, related-party transactions, or issues concerning the independence of the company's directors. This is important for assessing the company's governance and financial dealings.

Proxy statements are typically filed with the Securities and Exchange Commission (SEC) and are publicly accessible. Reviewing this document will provide insight into the relationships between Benihana, its executives, and directors, as well as how independent the directors are from the company's management. This information can help you evaluate the fairness and transparency of Benihana's operations and decision-making processes.